Network-1 Technologies, Inc. (:NTIP) Shares Move 1.33%

September 16, 2017Newswire

Network-1 Technologies, Inc. (:NTIP) shares saw the needle move 1.33% on the week. The stock closed the most recent session at $3.80 after seeing 39367 shares trade hands. This represents a change of -3.80% from the opening.

The closing price represents the final price that a stock is traded for on a trading day. It’s the most up-to-date valuation until trading begins again on the next day. However, most financial instruments are traded after hours, which means that the the closing price of a stock might not match the after-hours price. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. The closing prices are compared day-by-day to look for trends and can measure market sentiment for any security over the course of a trading day.

On any given trading day, supply and demand fluctuates back-and-forth because the attractiveness of a commodity’s price rises and falls. Because of these fluctuations, the closing and opening prices are not necessarily identical. A number of factors can affect the attractiveness of a stock in the hours between the closing bell and the next day’s opening bell. For example, if there is good news like a positive earnings announcement, the demand for a stock may increase, raising the price from the previous day’s close. It follows that bad news will negatively affect price.

RECENT PERFORMANCE

Let’s take a look at how the stock has been performing recently. Year to date Network-1 Technologies, Inc. (:NTIP) is 11.76%, -8.43% over the last quarter, and -13.64% for the past six months.

Over the past 50 days, Network-1 Technologies, Inc. stock’s -14.61% off of the high and 5.56% removed from the low. Their 52-Week High and Low are noted here. -24.75% (High), 52.00%, (Low).

RSI

Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.

Network-1 Technologies, Inc. (:NTIP)’s RSI (Relative Strength Index) is 44.46. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

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